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Pfizer says it will price Covid treatment Paxlovid at nearly $1,400 for a five-day course, which researchers estimate only costs Pfizer $13 to produce.
That's a 10,000%+ markup. Shameful.
Don’t ever think for a second that pharmaceutical companies did anything during Covid for our benefit. They were working their actuarial tables to figure out how they maximize their profits in the future against sick people dying.
They did save millions of lives, though, and allowed us to stop the constant quarantines months or even years early, whatever their motivations (and I’m not as cynical about that as you).
Meanwhile, all the Internet smartasses who love to criticize the drug industry non-stop did exactly jack shit.
There’s nothing wrong with the drugs these companies are developing.
But stopping production or halting research in curing diseases, just because it isn’t as “profitable” as selling drugs to treat the symptoms rather than the disease. That’s insane.
Selling drugs at insane markups, when it’s very clear they cost far less in the EU, and they still earn ton of money. That’s insane.
Patent medicin to keep it out of the hands of sick people, because your other not-as-good drug sells better. That’s insane.
Don’t ever think for a second that pharmaceutical companies did anything during Covid for our benefit. They were working their actuarial tables to figure out how they maximize their profits in the future against sick people dying.
They did save millions of lives, though, and allowed us to stop the constant quarantines months or even years early, whatever their motivations (and I’m not as cynical about that as you).
Meanwhile, all the Internet smartasses who love to criticize the drug industry non-stop did exactly jack shit.
There’s nothing wrong with the drugs these companies are developing.
But stopping production or halting research in curing diseases, just because it isn’t as “profitable” as selling drugs to treat the symptoms rather than the disease. That’s insane.
Selling drugs at insane markups, when it’s very clear they cost far less in the EU, and they still earn ton of money. That’s insane.
Patent medicin to keep it out of the hands of sick people, because your other not-as-good drug sells better. That’s insane.